Appropriateness of conditional logit for the modeling of residential fuel choice
Journal Article
·
· Land Econ.; (United States)
The author develops a likelihood test to see if conditional logit in aggregate energy-choice models is appropriate for predicting the probability that alternative residential fuels will be purchased. Among the array of probability models available, the conditional logit model is the least valid because it is rejected by the data. Generalized logit models are more useful because they consider price, availability, and other factors. 27 references, 1 table.
- OSTI ID:
- 6632599
- Journal Information:
- Land Econ.; (United States), Journal Name: Land Econ.; (United States) Vol. 58:4; ISSN LAECA
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290100 -- Energy Planning & Policy-- Energy Analysis & Modeling
290200 -- Energy Planning & Policy-- Economics & Sociology
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101* -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
DECISION MAKING
FUELS
PROBABILITY
RESIDENTIAL SECTOR
290100 -- Energy Planning & Policy-- Energy Analysis & Modeling
290200 -- Energy Planning & Policy-- Economics & Sociology
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101* -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
DECISION MAKING
FUELS
PROBABILITY
RESIDENTIAL SECTOR